Armenia’s commercial banks purchase about $91.7 mln at intra-banking forex market last week

14.07.2014 12:50
Armenia’s commercial banks purchase about $91.7 mln at intra-banking forex market last week

YEREVAN, July 14. /ARKA/. Armenian commercial banks purchased about $91.7mln at a weighted average rate of 406.98drams per $1 in intra-banking foreign exchange market on July 7–11, the press service of the Central Bank reported.

In the same period, about 5.4mln euros and 893.8mln rubles were purchased on the intra-banking forex market at weighted average exchange rates of 553.04 drams per €1 and 11.81 drams per ruble respectively.

At the same time, about $99.9mln, about €13mln and 145.5mln rubles were sold on the intra-banking forex market at weighted average exchange rates of 408.06drams, 556.55drams and 11.95drams respectively.

Dram loans extended by Armenian banks during the week before (June 30 – July 6) totalled about 40.8bln drams; dollar loans amounted to a total of about $61.9mln. ($1=407.69drams). –0--


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